4 ms·
We're gonna be overdue for a large war within 20 years so the pension pot of today's millenials, or indeed, anyone's, is going to be the least of their worries.
by noir-york 10y ago
We're gonna be overdue for a large war within 20 years so the pension pot of today's millenials, or indeed, anyone's, is going to be the least of their worries.
By large I mean either a world war or a big regional one - and large wars have a habit of resetting economies, technology and societies. Most likely flashpoints: Russia and/or South East Asia.
Best investment - I am guessing either a New Zealand or a South American passport...
- chinathrow 10y agoRussia and its neighbours is for sure a region to watch. Recent developments (Crimea, Putins private 400'000 men army etc) are a strong indication what may come next.
- Bombthecat 10y agoAnd shares in weapon producer / developers ( robot weapons)
- Afforess 10y agoI'm not sure why you suspect Russia or SE Asia, when both are paragons of stability compared to the Middle East. I think the unwinding of the value of oil over the coming decades is going to take away the last pillar of stability holding Middle Eastern countries together.
- noir-york 10y agoTrue, the ME is volatile, but its been unstable for decades. The biggest change in the balance of power was when the West removed Iraq as a buffer between Iran and Saudi Arabia. Now that's gone, and with the recent rebalancing of the West towards Iran, SA is getting antsy. The question is whether the US can act as a moderating influence on both. However, Russia, and even more so, SE Asia are powder kegs. China is on the move, Japan and SK are starting to make counter moves. An arms race is on, and I really really hope it doesn't end badly. Past history however doesnt give much hope...